Better Family Policies Could Draw Millions of Workers Into Labor Force, Research Shows
A San Francisco Fed paper compares Canada’s experience with the U.S.
Improving family leave and support policies could draw million of workers back into the U.S. labor force and help bring labor-participation rates closer to those seen in other major economies, according to new research from the Federal Reserve Bank of San Francisco.
The paper, which includes as an author the bank’s newly installed president Mary Daly, sought to take stock of why U.S. labor-participation rates, which have been in decline for many years, have diverged notably from other big nations.
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